What Is a Competitive Advantage?

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What Is a Competitive Advantage?

Competitive advantage is a company specifically have some factors that allows to standout in the particular industry to empower the organizations from their competitors by offering goods or services something different or unique with reasonable price and high quality.

Nigetha Rajah Answered question August 15, 2023
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Hi Anu, I would say competitive advantage is a unique strategy and it align the business that apart from the competitors. Especially the competitive advantage is allowing to the business to give the value to the customers, that can lead to increase the sales and customer loyalty.

Nigetha Rajah Edited answer August 15, 2023
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